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Transaction Monitoring Associate

Permanent - London, UK

Employment Type Permanent
Type Full time
Location London, UK


Job Summary

The associate is responsible for reviewing, investigating, and actioning retrospective customer account activity. The associate is also responsible for investigating any system or manual generated alerts/triggers, creating customer transaction profile, and working to support the CDD processes.

Key Work Outputs and Accountabilities

  • Review and action daily alerts generated by Fico Tonbeller (Siron)
  • Create a customer transaction profile for each onboarded customer either at periodic / trigger review or as and when requested
  • Investigate, review, and refer where appropriate any retrospective transaction monitoring alerts
  • Work with the Relationship Managers/stakeholders when investigating/escalating alerts
  • Provide MI for Senior Management as directed
  • Participate in other ML, transactional and behavioural monitoring and financial crime projects and initiatives as required
  • Has ownership of individual alert cases using appropriate case management tools and techniques to progress in order to meet timescales for alert investigation process
  • Ensure effective record keeping and reporting
  • Adhering to the banks policies and procedures
  • Actively promoting and maintaining good relationships with all clients and counter parties, representing the bank in a professional and positive manner
  • Apply expertise in transaction monitoring and provide guidance and training as required
  • Understand business and regulatory requirements

Required Qualifications and Experience


  • Experience within Trade Services and/or Banking Services and/or Operations
  • Ability to research, investigate and analyse, working independently within a team environment
  • Good communication skills
  • Proficient in Microsoft Excel

Nice to have

  • Skilled in Excel (VBA/Macro)
  • Proficient in Microsoft Access
  • Minimum 1 years’ experience in Transaction Monitoring
  • Experience in using transaction monitoring tools, for example:

- Fico Tonbeller (SIRON AML)

- SWIFT Compliance Analytics

- Firco Continuity

- Firco ComplianceLink

  • Knowledge of the UK anti-money laundering and financial crime regulatory framework
  • Demonstrates a good level of understanding of the due diligence process and triggers for enhanced due diligence

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